Bullish option flow detected in Merck (MRK) with 30,546 calls trading, 4x expected, and implied vol increasing over 2 points to 28.31%. Apr-26 100 calls and Feb-26 95 calls are the most active options, with total volume in those strikes near 10,000 contracts. The Put/Call Ratio is 0.07. Earnings are expected on February 3rd.
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